* US to provide Ukraine advanced rocket systems that may escalate the war
* China sends 30 warplanes near Taiwan during large training drill
* China eases Covid lockdown on Shanghai, the country’s economic and trade hub
* China mfg activity contraction eases in May, Caixin PMI shows
* Eurozone inflation rises to annual 8.1% pace in May, a new record high
* Chicago PMI rises in May, beating expectations
* Treasury Sec. Yellen concedes she was “wrong” about inflation expectations
* Is the US providing the Ukraine war with momentum that’s “impossible to stop”?
* High inflation and rising interest rates cool consumer confidence in May:
